PRIME Minister Tillman Thomas has confirmed that negotiations are currently taking place for Government to sell the majority of its shares in two privately operated com- panies.
“Negotiation is going on, but nothing has been finalised,” said Thomas, who recommended that inquiries should be directed to the Ministry of Finance for more details.
Last week Thursday, Opposition Leader, Dr. Keith Mitchell, called on Government to confirm or deny that it sold its shares in a statutory body to the National Insurance Scheme as trade off to receiving the equivalent in money to assist with its financial commitments of paying monthly salaries and debt.
Government was late in paying public officers at the end of August and Finance Minister, Nazim Burke, is yet to explain what was responsible for the late payment as well as how Government was able to source the salary payments five days later.
Dr. Mitchell believes that an arrangement between the National Insurance Scheme and Government should be made known to the public because of the implications it can have for the future.
“These are workers’ money they are dealing with, that is workers’ money for long-term and short benefits, and I believe that workers need to know what is taking place with their money,” he said.
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